Is AI use outpacing the evidence standards of audit and finance?

Audit and finance teams are moving sensitive data into unsecured AI tools faster than regulators can establish evidence standards, creating a gap between informal AI adoption and the documented audit trails now required by COSO, PCAOB AS 1105, and Canada's OSFI E-23. AI outputs cannot serve as audit evidence without documented processing logic and human verification, forcing finance leaders to choose between operational speed and evidentiary rigour.

This Wire brief sits within Fusion42's coverage of Fintech.